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2026 The ApartmentBuildings.com 100
Transactions of the Year
- $1.625 Billion Camden Portfolio Deal Ranks Among Southern California’s Largest
- Aimco Sells Chicago Multifamily Portfolio for $455 Million
- Barings Sells Midtown West Rental Tower for $244 Million
- Blackstone, La Caisse Secure $3.15-Billion StuyTown Refinancing
- Equity Residential, AvalonBay Merge in $52 Billion Apartment REIT Deal
- Ethos Affiliate Acquires San Jose’s Ascent for $323 Million
- GO Residential-Led Consortium to Acquire H＆R in $6.7 Billion Deal
- Grant Cardone Fund Wins Court Approval for $235M Boca Raton Apartment Deal
- IMT Capital Obtains $625-Million Freddie Mac Refi
- JLL Capital Markets Structures $1.1-Billion National Apartment Portfolio Venture
- Kennedy Wilson Acquires Toll Brothers’ Apartment Platform for $347M
- Kennedy Wilson, Jamison Partner to Deliver 4,000 Affordable Units Across Los Angeles
- MG Properties Acquires Park 12 for $309 Million in San Diego
- Morgan Properties Acquires $501 Million Trilogy Multifamily Portfolio
- Oak Row, OKO and Mariposa Close $520-Million Brickell Land Deal
- Outpost, June Homes Merge to Create 4,000-Unit Co-Living Platform
- Sonida Completes $1.8-Billion Merger with CNL Healthcare Properties
- Sun Life Takes Full Control of BGO, Crescent; Buys Bell
- West Shore Closes $600 Million in Multifamily Financing and Acquisition Activities
- Winning Proposal Will Bring 3,600 Affordable Units as Part of $8-Billion St. Petersburg Mixed-Use
Kennedy Wilson Acquires Toll Brothers’ Apartment Platform for $347M
Kennedy Wilson bought Toll Brothers’ Apartment Living platform for $347 million. The transaction allowed the buyer to expand its investment management platform and rental housing capabilities while providing Toll Brothers with an exit from the apartment development business.
The transaction includes Toll Brothers’ general partner interests in 18 apartment and student housing properties, which totaled approximately $2.2 billion in assets under management. Kennedy Wilson also came away with a pipeline of 29 development sites in various stages.
Kennedy Wilson also assumed management of 20 apartment and student housing properties that will remain owned by Toll Brothers following the transaction. Those properties represent another $3 billion in AUM. Toll Brothers plans to dispose of the remaining assets over time as it exits the multifamily development business.
The Toll Brothers Apartment Living executive team joined Kennedy Wilson as part of the transaction.
These are some of the reasons why the Kennedy Wilson-Toll Brothers deal was selected to receive ApartmentBuildings.com’s AB 100 Transaction of the Year Award, which recognizes those who demonstrate creativity, skill and success in the multifamily industry.